Coinbase Global gained 2 percent as cryptocurrencies witnessed a recovery after a highly volatile session on Monday. Bitcoin, Ethereum and Solana faced massive selling pressure at higher levels.

Coinbase Global Incorporated (NASDAQ: COIN), a leading cryptocurrency exchange, is at the center of the digital assets revolution.

Coinbase stock price closed on a bullish note on Wednesday as cryptocurrencies found support from lower levels.

Coinbase stock ended the trading session almost flat after opening at $322.08 and touching intraday high of $327.24. The stock is still hovering around its yearly high at $334.86.

The ARK Innovation UCITS ETF (ISIN: IE000GA3D489) is an actively managed fund focusing on global equities poised to benefit from disruptive innovation.

Coinbase stock price was down by 3.5 percent on Wednesday while Bitcoin witnessed another rally to all-time high above $93,400. Bitcoin was trading strong compared to other cryptocurrencies.